Advertisement - Call 09031633831

Category: Business

Boko Haram Kills 40 Farmers in Yobe over taxes

Suspected Boko Haram insurgents killed at least 40 people in two attacks on a village in the northeastern state of read more Boko ...

Read More

“Zoom conversations suppress brain activity”- new ...

A new study from neuroscientists at Yale University has shown that Zoom conversations suppress activities in areas of the brain in...

Read More

Nigerian stocks post 4.3% growth to close the mont...

Equities trading on the Nigerian Exchange Limited (NGX) closed the month of October on a positive note as investors’ confidence wa...

Read More

2023 Q3: BUA Foods reports a 94% decline in pre-ta...

BUA Foods reported its 2023 Q3 results showing pre-tax profits declined by 93.66% year on year, reaching N2.021 billion.   The pos...

Read More

Nigeria’s cinema-goers continue to flock ‘Merry Me...

AY Makun’s Merry Men 3 has grossed N75.4 million, thanks to Nollywood watchers who bought tickets to see the movie. The post Niger...

Read More

Computer Warehouse Group records 117.7% year-on-ye...

Computer Warehouse Group Plc, a pioneering IT company in Nigeria posted a revenue of N7.56 billion in Q3 2023, marking a year-on-y...

Read More

Speed, convenience top priority for air passengers...

The International Air Transport Association (IATA) announced the results of its 2023 Global Passenger Survey (GPS), showing that t...

Read More

Poetry takes center stage as Akeem Lasisi débuts A...

Akeem Lasisi, Nigerian performance poet is gearing up to showcase his latest work, “African Citations,” in a poetry exhibition sla...

Read More

NNPCL reports 144 crude oil theft incidents in 7 d...

The Nigerian National Petroleum Company Limited (NNPCL) has reported 144 crude oil theft incidents in 7 days. The company made the...

Read More

Lack of transit facilities at Lagos, Abuja airport...

Allen Onyema, the chairman and CEO of Nigeria’s largest carrier, Air Peace Nigeria Limited, says lack of transit facilities at rea...

Read More

Almost all HIV-positive people in Nigeria are rece...

Nigeria has made significant progress in controlling the Human Immunodeficiency Virus (HIV) epidemic, with nearly 2 million people...

Read More

How to get building plan approval in Lagos and avo...

At a time in Lagos, Nigeria’s commercial nerve centre, when spate of building demolition in the state is on the read more How to g...

Read More

Firm recommends visa policy restraint to boost Nig...

Top-tier public affairs advisory firm, Thekla Advisory, has issued a comprehensive response to the recent visa policy review annou...

Read More

Healthcare firm taps digital access to expand busi...

…As Wellahealth launches into Kenya Wellahealth, a healthcare technology company with a focus on revolutionising access to healthc...

Read More

Why Dangote refinery missed diesel, jet fuel Octob...

Sources have provided reasons why Dangote Refinery missed its diesel and jet (aviation) fuel refining deadline.   The post Why Dan...

Read More

Scientists identify Artificial Intelligence tools ...

Scientists have identified an AI tool that could help improve mental health conditions of individuals. The post Scientists identif...

Read More

BREAKING: Senate confirms Zacch Adedeji as substan...

The Senate on Tuesday confirmed the nomination of Mr Zacch Adedeji as the Chairman of the Federal Inland Revenue Service (FIRS). T...

Read More

Africa’s $15.5 billion fashion export industry to ...

Africa's fashion export, valued at $15.5 billion, is poised to emerge as a global industry leader, driven by a growing demand for ...

Read More

BREAKING: Lagos signs $1.35 billion deal for Fourt...

The Lagos State Government has signed a partnership with the African Export-Import Bank (Afreximbank) and Access Bank for an inves...

Read More

Over 50 decomposed, 20 headless bodies discovered ...

Abia State Government has said that it has discovered over 50 decomposed dead bodies, over 20 headless bodies and countless read m...

Read More

Watch: Food prices rundown as of October 30, 2023

BusinessDay is exploring the vibrant markets of Lagos, Nigeria, to bring you the latest food prices. Every week, stay tuned read m...

Read More

Senate approves new university to address knowledg...

The Senate on Thursday approved that a Federal University of Technology and Environmental Sciences in Iyin-Ekiti Kingdom, Ekiti St...

Read More

PwC global revenue rises by 9.9%, hit $53.1bn

PricewaterhouseCoopers (PwC), a British multinational professional services firm operating in Nigeria and 157 other countries, has...

Read More

Polaris Bank bags top awards at BAFI 2023

Polaris Bank celebrated a remarkable achievement over the weekend, as its homegrown digital bank, VULTe, secured the title of “Bes...

Read More

Analysis: Guinness Nigeria, 2024 and the battle ah...

As the 2024 fiscal year unfolds, Guinness Nigeria Plc has marked a transition from a pre-tax loss of N22.139 billion recorded for ...

Read More

Building West Africa’s fastest growing fitness cha...

The African fitness sector is constantly evolving, and the continent is seeing an increase in fitness enthusiasts. The post Buildi...

Read More

Xiaomi’s Year-End Extravaganza: Time To Treat Your...

As the year gracefully comes to a close and the ember season's warmth surrounds us, Xiaomi is proud to announce a special year-end...

Read More

Business industry leaders confirm diversity, inclu...

Dive In, the renowned festival promoting diversity, equity, and inclusion (DE&I) in the insurance industry, celebrated its fifth a...

Read More

Cascador Program announces 2023 cohort companies

Cascador, a transformational program designed to help mid-stage African entrepreneurs grow their businesses and improve their lead...

Read More

Credit Direct supports Breast Cancer Awareness mon...

October is globally recognized as Breast Cancer Awareness Month, and companies around the world engage in various initiatives to s...

Read More

Access Holdings’ FX gain jumps 71% to N314bn on na...

Access Holdings’ foreign exchange gain has surged 71 percent to hit a seven-year high in the first nine months of read more Access...

Read More

Onyema recognised for West African capital market ...

Oscar N. Onyema, CEO NGX Group has been recognised by the West African Securities Regulators Association (WASRA) for his contribut...

Read More

AFL semi-final: Sundowns edge Al Ahly 1-0 in Preto...

South Africa representative in the Africa Football League (AFL) Mamelodi Sundowns claimed a vital 1-0 home win over Al Ahly read m...

Read More

Noor Takaful declares N478.049m profit

The board of directors, Noor Takaful Limited has announced a profit after tax of N478.049m for the 2022 fiscal year, read more Noo...

Read More

Lagos to Entebbe: Uganda Airlines launches new rou...

Exactly a week ago, on Thursday the 19th of October, Uganda Airlines spread its wings in Nigeria, amidst a water cannon splash and...

Read More

Exchange rate falls to new low as Supreme Court co...

The exchange rate in Nigeria experienced a decline in both the official and parallel markets on the day the Supreme Court affirmed...

Read More

Transcorp Plc records PBT of N7.64 billion in Q3 2...

Transnational Corporation Plc (Transcorp) recorded a profit before tax of N7.64 billion in Q3 2023, representing a slight growth o...

Read More

Dangote Cement records N165.03 billion PBT in Q3 2...

Dangote Cement Plc recorded a pre-tax profit of N165.03 billion in Q3 2023, representing a 132.4% increase year-on-year from N71.0...

Read More

NGX continues bearish run as all-share index decli...

The NGX continued its bearish run during Thursday’s trading session as the All-Share Index fell by 0.18% to close at 67,084.95 poi...

Read More

EU plans higher LNG exports from Nigeria between 2...

The European Union has expressed its commitment to receiving higher LNG exports from Nigeria in the short to medium term. The post...

Read More

FG signs N1 billion deal with IHS Towers to build ...

The Federal Government has signed a N1 billion deal with telecom infrastructure company, IHS Tower, to build learning communities ...

Read More

Anxiety as Supreme Court begins hearing of Atiku, ...

The S'Court will begin hearing of the court proceeding of the presidential election between Atiku, Peter Obi and Bola Tinubu of th...

Read More

Mike Adenuga loses $300 million as net worth furth...

Mike Adenuga has seen a setback, with a $300 million decrease in his net worth, now estimated at $3.3 billion at the time of this ...

Read More

Dealhqpartners hosts its 5th anniversary edition e...

The DealHQ Business Round Table series is focused on driving C - Level conversations around emerging trends in the firm’s practice...

Read More

Unlocking Nigerian potential: Leading transformati...

Leaders in Nigeria, both in the public and private sectors, face a myriad of challenges, from a significant talent exodus read mor...

Read More

Interswitch strives to tackle bottlenecks in Niger...

Interswitch, Africa’s payments and digital commerce company has stressed the need to adopt global practices and trends to fast-tra...

Read More

Private equity firms face worst year for exiting i...

Amount buyout groups have made selling portfolio companies is running at lowest level since 2013 Private equity firms are facing r...

Read More

Nigerian banks’ investment securities grow 76% on ...

Nigerian banks recorded 76 percent growth in investment securities in H1 2023 as dollar assets were revalued upward on the read mo...

Read More

ACAEBIN trains internal auditors on report writing...

The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), has concluded a two-day training for internal audit staff...

Read More

Louisiana citrus farmers brace for saltwater intru...

Saltwater intrusion from the Gulf of Mexico has farmers who rely on water from the Mississippi River looking for ways to save thei...

Read More

Irish pub forced to shutter as California crime wa...

A pub in Oakland, California, announced it will permanently shutter its doors at the end of October due to rising crime and operat...

Read More

FG plans to build 34,500 houses nationwide to addr...

Federal government has disclosed its plans to build 34,500 houses across the country in a move aimed at addressing the housing sho...

Read More

YTD 30th September 2023 unaudited report: Unilever...

Unilever Nigeria Plc released its unaudited interim report for the nine-month period ended 30th September 2023. The post YTD 30th ...

Read More

Leading by example: Tony Elumelu’s leadership prin...

I was fortunate to work with Chief Ebitimi Banigo, at the start of my career.  My leadership philosophy was built working with him...

Read More

Africa’s first black billionaire: Patrice Motsepe ...

Patrice Motsepe has seen a significant decline in his net worth, losing a staggering $1.1 billion due to the performance of his bu...

Read More

BREAKING: Tinubu confirms appointment of Adeniyi a...

President Bola Tinubu has approved the confirmation of the appointment of Adewale Adeniyi as the Comptroller-General (CG) of the N...

Read More

Mississippi introduces new lease to increase oyste...

Oyster farmers along the Gulf Coast are finding it tough to keep up with the nationwide demand and Mississippi is launching a prog...

Read More

Small businesses endangered by massive tax hike. H...

The Small Business Deduction is expiring and that's a big expense for companies that can't afford it. The cuts gave small business...

Read More

Layoffs begin in the film industry, as Hollywood s...

Concerns over unregulated AI use and impacts on actors' pay in the new streaming landscape drive ongoing negotiations between labo...

Read More

Restaurants slap diners with charges for everythin...

About one in six restaurants is adding surcharges to checks in an attempt to offset high costs, but the charges have raised the ir...

Read More

Oakland business owners make unusual choice on cas...

Several Oakland businesses have moved away from accepting cash as some areas of the city battles burglary numbers that have nearly...

Read More

The Mix Plaza: A new food court shakes up Ikeja, G...

The Mix Plaza, a brand-new food court, has opened its doors at the prestigious address of 32, Joel Ogunnaike Street, Ikeja GRA. Th...

Read More

FG plans to dredge the Rivers Niger and Benue

Prof. Joseph Utsev, at the weekend, disclosed that the Federal Government was planning to resume the dredging of Rivers Niger and ...

Read More

We are working on a 3-year revival plan for Ajaoku...

Prince Shuaibu Abubakar Audu, Nigeria's Minister for Steel Development has said that the ministry is working on a 3-year revival p...

Read More

Recycling will stop strain on critical mineral sup...

The International Energy Agency (IEA) has said that recycling will put a stop to the strain on critical minerals supply in the glo...

Read More

Biafra now ready for referendum talks with FG – IP...

The Indigenous People of Biafra has expressed its readiness to engage in negotiations with the Federal Government for the peaceful...

Read More

How ‘Omo-Onile’ menace in Lagos, Ogun is worsening...

Despite the subsisting legislation known as Lagos Property Protection Law enacted by the Governor Akinwunmi Ambode administration ...

Read More

BusinessDay 08 Oct 2023

read more BusinessDay 08 Oct 2023

Read More

FRSC seeks permission to bear arms to protect pers...

The Federal Road Safety Corps (FRSC) says there is a need for its personnel to bear firearms in discharging their read more FRSC s...

Read More

Why I feel sorry for these countries jubilating ov...

The Catholic Bishop of Sokoto Diocese, Mathew Hassan Kukah has warned against the call for a military coup in some read more Why I...

Read More

Insecurity still a nightmare despite Tinubu’s assu...

In October 2022, during his presidential campaign, President Bola Tinubu in an interactive session organised by a joint committee ...

Read More

Nigeria has highest maternal mortality rate global...

Prof Abosede Afolabi, has therefore revealed plans to launch a month-long campaign starting in Lagos called the '#WeMenForHer Move...

Read More

Lagos Govt to begin construction of $100m African ...

Lagos State Governor, Babajide Sanwo-Olu on Thursday disclosed that the groundbreaking of the proposed $100m African Film City pro...

Read More

World Bank forecasts partial oil production recove...

The World Bank has projected that Nigeria’s crude oil production will recover between 2024 and 2025, however, the Bank also says t...

Read More

Pensioners laud President Tinubu over N25,000 wage...

NUP expressed appreciation for President Tinubu's approval of a N25,000 wage award as a palliative measure for pensioners in the c...

Read More

Billionaire Mohammed Al Amoudi worth $5.2 Billion,...

Mohammed Al-Amoudi worth $5.2 billion, has shown consideration to selling subsidiary, Preem AB, Sweden's largest fuel company. The...

Read More

Fuel scarcity looms as landing cost of petrol hits...

Many petroleum product depots are currently deserted due to a lack of supplies caused by currency volatility, as the landing read ...

Read More

INEC to transmit results of Bayelsa guber poll man...

The Independent National Electoral Commission (INEC) says it plans to transmit results of the November 11 Bayelsa governorship ele...

Read More

PenCom, OPS to strengthen collaboration on pension

The National Pension Commission (PenCom) and the Organised Private Sector of Nigeria (OPS) are to further strengthen collaboration...

Read More

Collect App: Automating payments for business

On average, businesses make 40-50 vendor payments monthly. These payments, done by finance managers or accountants, are made manua...

Read More

Air Peace records 98% schedule reliability with 2,...

Air Peace, West and Central Africa’s largest airline, has disclosed that it scheduled 2,566 flights out of which 2,522 were read m...

Read More

President Tinubu increases wage award for low-grad...

President Tinubu has on Independence Day increased the wage for low-grade workers by N25,000 for the next six months as part of me...

Read More

FG opens applications for tech startup accelerator...

The federal government through the National Information Technology Development Agency (NITDA) has opened applications for a tech s...

Read More

Ogun: Tribunal upholds Governor Dapo Abiodun’s vic...

The Ogun State Governorship Election Petition Tribunal convened in Abeokuta has affirmed the victory of Governor Dapo Abiodun, rep...

Read More

FULL TEXT: President Bola Tinubu’s Independence Da...

Making the economy more robust by lowering transport costs will be key. In this regard, we have opened a new chapter in public tra...

Read More

Special report on past CBN activities will be read...

President Bola Tinubu announced on Sunday morning that the Special Investigator's report on previous activities within the Central...

Read More

NIMET warns of 48-hour heavy rainfall across 24 st...

NIMET has issued a notice to residents in various states, including the Federal Capital Territory, Edo, Kwara, and 22 other states...

Read More

LPG marketers beg FG to address rising gas price

LPG marketers have appealed to the Federal Government to tackle the surging increase in gas prices. The post LPG marketers beg FG ...

Read More

Independence Day: FG Declares Monday October 2 pub...

The Federal Government has declared Monday, October 2 as a public holiday in commemoration of the 63rd independence celebration. T...

Read More

National Assembly budget stagnant for 13 years – S...

Tajudeen Abbas, the Speaker of the House of Representatives, has revealed that the National Assembly's annual budget has remained ...

Read More

Yaccarino says ‘X’ to become profitable in 2024 as...

The Chief Executive Officer of X, Linda Yaccarino is confident that the company will become profitable in early 2024. The post Yac...

Read More

Inside Afreximbank-NNPC $3 billion phantom loan

The Nigerian National Petroleum Company Limited (NNPC) may have misrepresented its intentions for the $3 billion financing to Afri...

Read More

Osimhen snubs teammates after Napoli TikTok jab

Napoli forward Victor Osimhen has been spotted in a video arriving at the team’s hotel and snubbing some teammates while read more...

Read More

How to fund Africa’s dying journalism

Before the COVID-19 pandemic which pummeled the economies of many nations, there were over 10,000 print journalists in South Afric...

Read More

Business moves to check plethora of fire incidents...

Worried over 2,056 fire incidents and N1trn losses recorded in 2022, Surveillant Fire Limited, a fire protection and security syst...

Read More

Firm addresses talent gap concerns in multi-billio...

In a bid to check talent gap in the multi-billion real estate industry and ensure quality and good maintenance of read more Firm a...

Read More

Manufacturing sector records 3,567 job losses in f...

The Manufacturers Association of Nigeria has revealed that a total of 3,567 jobs were lost in the sector in the first six months o...

Read More

Africa Prudential appoints Festus Izevbizua as new...

Africa Prudential Plc has announced the appointment of Festus Izevbizua. The post Africa Prudential appoints Festus Izevbizua as n...

Read More

BPSR announces NIMASA as best Federal Government A...

The Bureau of Public Service Reforms, BPSR, has declared the Nigerian Maritime Administration and Safety Agency (NIMASA) as the be...

Read More

Rising unemployment: CPPE stresses need to stem th...

CPPE have called for urgent steps to stem the tide of deindustrialization to curb the growing unemployment and the increasing impo...

Read More

Join today.

Already have an account?

Having issue accessing your account?

Boost Your Business Now!

Advertise on doacWeb from ₦1,000 to reach a broader audience and serve more people.